Shop 3 - 33 Flemington Road,
North Melbourne, VIC 3051

Shops & Retail

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Map of Shop 3 - 33 Flemington Road

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Brand New Affordable Retail Investment

Brand New Shop
Leased to High Quality Tenant
Directly Opposite Medical Precinct

Savills Melbourne is delighted to offer for sale this brand new retail investment located within one of Melbourne’s most highly sought after city-fringe suburbs of North Melbourne.

The key attributes of this exceptional city-fringe opportunity includes:

- Large 126sq m* retail property
- Leased to ‘The Rice Cooker’
- Strong performing tenant
- 5+5 year lease from July 2016
- Net Rental: $77,610 per annum*
- 3.5% fixed annual increases
- Perfectly positioned within immediate proximity to Melbourne’s major hospital precinct, University of Melbourne, RMIT Village and Queen Victoria Market

Shop 3 is For Sale by Auction on Wednesday 7 August from 12 noon on-site (also for sale is Shop 5, 33 Flemington Road).

*Approx

Clinton Baxter – 0413 569 888
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

Property ID: 503253938Last Updated: 15 Jun 2021